Seven Holdings

Candlestick Daily volume index Bar reversal Edit

Backtest results

Position Trades Duration Win rate Win/loss Avg win Avg loss Return
Long 10 4.5 20% 25% 1.6% -0.8% -3.4%
Short 5 4.2 40% 67% 1.9% -3.2% -5.9%

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Trading Performance

Fibonacci Extensions

Score

0.1

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 7 57.9 0.57% 1.33% 11.3% -7.1% 23.7%
SHORT 8 35.9 0.13% 0.14% 28.8% -7.1% -21.1%

Summary

Technical Analysis

Seven Holdings (SVW.AX)


Indicator:

FIBONACCI EXTENSION


Signal Strength: MEDIUM
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading position.


Seven Holdings (ASX:SVW) : The current Fibonacci Extension levels are:
(23.61%) $17.7
(38.2%) $18.12
(50%) $18.46
(61.8%) $18.79

The current support levels are:
(78.6%) $19.27
(100%) $19.88
(138.2%) $20.97
(161.8%) $21.64
(261.8%) $24.49
(423.61%) $29.1



Fibonacci extensions are used in Fibonacci retracement to predict spaces of resistance and support in the market. These extensions involve all levels drawn past the basic 100% level they are frequently used by traders to determine areas that will bring in profits.

Calculation: Fibonacci Extensions:
1) Uptrend: D = B — (A — B) x N%;
2) Downtrend: D = B + (B — A) x N %;
3) Fibonacci Levels:
61.8%
100%
138.2%
161.8%
261.8%
423.6%;


PROFILE: Seven Holdings (SVW.AX)


Stock Exchange: ASX
Company: Seven Holdings
Ticker Codes: | SVW.AX | ASX:SVW |

About Seven Holdings (ASX:SVW):

Seven Group Holdings Limited engages in heavy equipment sales and service, equipment hire, media, broadcasting, and energy assets businesses in Australia and the United States. It operates through WesTrac Australia, AllightSykes, Coates Hire, Media Investments, Energy, and Other Investments segments. The company operates as a caterpillar dealer providing heavy equipment sales and support services in Western Australia, New South Wales, and the Australian Capital Territory. It also manufactures, assembles, sells, and supports lighting, power generation, and dewatering equipment to mining, construction, and industrial customers; distributes Perkins engines; and provides equipment hiring services, including a range of general and specialist equipment for various markets, such as engineering, building construction and maintenance, mining and resources, manufacturing, government, and events. In addition, the company invests in television, content production, digital, and magazine and newspaper publishing businesses; and direct and indirect property holdings, as well as in oil and gas assets in energy sector. Seven Group Holdings Limited is headquartered in Pyrmont, Australia.

Top 10:

Fibonacci Extensions

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